+0.07(+0.15%)

+0.30(+0.02%)

+0.05(+0.37%)

+0.0026(+0.2280%)

Waste Management Is Looking Vulnerable to Further Declines

In this daily bar chart of WM, below, we can see that prices have been trading this month below the declining 50-day moving average line while testing the rising 200-day line. The daily On-Balance-Volume (OBV) line shows a peak in March and a retest in April before declining to a new low now. A declining OBV line is a sign that traders have been more aggressive on the sell side.